Turkish president appoints ‘hawk’ as governor
Former NY Fed official Karahan has been strong supporter of monetary tightening, observers say
Turkey’s central bank governor stepped down after just over six months in the role, with the president replacing her with one of her deputies.
Hafize Gaye Erkan announced her resignation as Central Bank of the Republic of Turkey (CBRT) governor on January 2, denouncing what she called a smear campaign. Turkish president Recep Tayyip Erdoğan then named Fatih Karahan, who has served as a CBRT deputy governor since July last year, to lead the central bank.
Erdoğan has previously dismissed governors
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Governance
RBA appoints six new board members as part of reforms
Two join rate-setting team while others enter newly established governance board
Nandalal Weerasinghe on Sri Lanka’s IMF programme, central bank reforms and road to recovery
CBSL chief returned from retirement to secure structural reforms, recapitalisation and financial resilience
Australian parliament passes bill to reform RBA
Bank’s board to be split into two groups covering monetary policy and governance
PM ‘overruled MNB building’s heritage status’ – whistleblower
Governors’ meeting prompted expedited approval for panorama deck on listed site, says former official
Moldova to switch reference currency to euro
Change reflects “economic realities” as country moves closer to EU
The monetary base and seigniorage in a digital era
Emerging markets and low-income countries may have to lower their expectations of seigniorage revenue
Fed makes post-presidential election rate cut
Chair Powell stresses Trump’s election will have no effect on near-term policy; has no plans to resign
Thailand delays selection of central bank chair
Decision follows warning against political interference from four former governors